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Why MACOM (MTSI) Shares Are Sliding Today

Shares of network chips maker MACOM Technology Solutions (NASDAQ: MTSI) fell 5% in the afternoon session after minutes from the December 2023 Fed meeting revealed that there is uncertainty regarding rate cuts in 2024. The committee added in the meeting remarks "In discussing the policy outlook, participants viewed the policy rate as likely at or near its peak for this tightening cycle, though they noted that the actual policy path will depend on how the economy evolves." ....

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TCW Strategic Income Fund, Inc. Plans Quarterly Dividend of $0.06 (NYSE:TSI)

TCW Strategic Income Fund, Inc. (NYSE:TSI – Get Free Report) declared a quarterly dividend on Friday, December 15th, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be given a dividend of 0.06 per share by the financial services provider on Friday, January 12th. This represents a $0.24 annualized dividend and a […] ....

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